Marriott International Inc (MAR)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,083,000 | 2,358,000 | 1,099,000 | -267,000 | 1,273,000 |
| Total stockholders’ equity | US$ in thousands | -682,000 | 568,000 | 1,414,000 | 430,000 | 703,000 |
| ROE | — | 415.14% | 77.72% | -62.09% | 181.08% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $3,083,000K ÷ $-682,000K
= —
Marriott International, Inc.'s return on equity (ROE) has displayed significant fluctuations over the past five years. In 2019, the ROE stood at 181.08%, indicating that the company generated a substantial return for its shareholders relative to their equity investment. However, in 2020, the ROE decreased to 62.09%, suggesting a decline in profitability or efficiency in utilizing shareholder equity to generate earnings.
The year 2021 saw a further increase in ROE to 77.72%, indicating a partial recovery in the company's ability to generate returns for its equity holders. Notably, in 2022, Marriott International, Inc. experienced a significant surge in ROE to 415.14%, reflecting a substantial improvement in the company's profitability and efficiency in generating returns for its shareholders.
The absence of data for the most recent year, 2023, limits a comprehensive evaluation of the trend in ROE for Marriott International, Inc. It is essential to monitor future financial performance to assess if the exceptional ROE observed in 2022 was sustained or if there are underlying factors influencing the company's return on equity.
Peer comparison
Dec 31, 2023